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Hogan Lovells | Italy | 25 Jul 2018

AGCM takes action against online sellers of dietary supplements

The Italian Competition Authority (AGCM) recently launched an investigation into the online sale of dietary supplements in Italy based on claims of non-compliance with the relevant regulatory provisions, resulting in misleading actions. The AGCM's role in this context is to ensure that consumers obtain accurate information concerning dietary supplements so that they can make informed......
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AnJie Law Firm | China | 10 Jul 2018

NISSTC seeks comments on personal information security impact assessments

The National Information Security Standardisation Technical Committee recently released the Information Security Technology – Guide to the Personal Information Security Impact Assessment (Draft for Comment). The guide provides direction on the personal information specification and stipulates the basic concepts, framework, methods and procedures regarding personal information security impact......
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Sidley Austin LLP | USA | 9 Jul 2018

EPA issues six-month extension to respond to Clean Air Act petition

The state of New York recently filed a petition with the Environmental Protection Agency (EPA) under Section 126 of the Clean Air Act, asserting that nine upwind states were interfering with New York's compliance with national ambient air quality standards for ground-level ozone. Although the Clean Air Act directs the EPA to respond to Section 126 petitions within 60 days, it allows the......
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CMS Germany | Germany | 18 Jun 2018

Corporate penalties and internal investigations

The federal government plans to create new corporate penalties and abandon the discretionary principle which has thus far applied in corporate prosecutions. Further, the upper limit of penalties will be significantly increased. At the same time, the government aims to establish legal requirements for internal investigations that provide an incentive for investigation support.
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Nagashima Ohno & Tsunematsu | Japan | 4 Jun 2018

Japan Exchange Regulation publishes principles to prevent corporate scandals

In response to the significant corporate scandals that have come to light in recent years, Japanese authorities and regulators have been working to improve compliance awareness within corporate Japan. The Japan Exchange Regulation (JPX-R) recently published the Principles for Preventing Corporate Scandals, which provide valuable insight into the views of the JPX-R and, by extension, other......
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Hunton Andrews Kurth LLP | USA | 22 May 2018

FTC warns foreign companies: hands off US kids' geolocation data

The Federal Trade Commission has sent warning letters to two foreign companies that market wearable technology for children that collects geolocation data, allowing parents to monitor and communicate with their children. The letters warned the companies to review compliance with the Children's Online Privacy Protection Act, which requires parental notice and consent before collecting, using......
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Smart & Biggar | Canada | 16 May 2018

CADTH Common Drug Review accepting submissions up to six months before market approval

The Canadian Agency for Drugs and Technologies in Health has announced that the Common Drug Review Programme will now accept drug submissions up to six months before a drug manufacturer's anticipated receipt of a notice of compliance (NOC) or NOC with conditions from Health Canada.
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Smart & Biggar | Canada | 7 Mar 2018

New guidance document on administrative processing of drug submissions and applications

Health Canada recently announced a guidance document clarifying the requirements for drug submissions and applications to be processed under the administrative pathway. The administrative pathway will be available, with some restrictions, for manufacturer and product name change applications, additional product name applications and licensing agreements between two manufacturers. The guidance......
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Hogan Lovells | Mexico | 6 Mar 2018

Insurance regulator updates rules for surety insurance contracts

The National Insurance and Bonds Commission recently added two new articles to the Insurance and Bonding Sole Provisions which set out new surety insurance contract requirements. Contracts must now include, among other things, confirmation that the insurer is authorised to pay the indemnity for damages without prior notice or consent of the policyholder and that the indemnity may be paid as......
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Tuli & Co | India | 7 Nov 2017

Listing of Indian insurers: move to be IPO ready

As the Indian insurance market develops and matures further, Indian insurers and insurance intermediaries will aim to introduce public issues and list on recognised stock exchanges in order to raise more funds from the public and provide liquidity to their existing shareholders. Companies looking to be initial public offering ready should focus on ensuring optimum regulatory compliance and......
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